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by bsder 1365 days ago
Sure, the public doesn't benefit, but why wouldn't Andressen fund Neuman?

Neuman produced a cult that generated a beautiful pyramid scheme for those who got out early. From a VC point of view, the only issue was that VC's didn't have enough of a collar on Neuman to be able to shove him aside when he became a liability. I'm sure that mistake has been corrected.

Anyone who thinks VCs are anything other than self-interested sociopaths hasn't been paying attention.